Calvert International Opportunities - DC 529

Daily Performance (as of 2/23/2017)
Price $15.72
Price Change $0.05 (0.32%)
YTD Return (No Charge) 4.40%
YTD Return (4.75% Sales Charge) -0.57%
Fund Facts (as of 2/23/2017)
Calvert Fund Number 169
CUSIP Number 254935794
Assets Under Management $0.00 Million

Overview

Fund Management

Trilogy Global Advisors, LP

David Runkle,
Director of Quantitative Research

Gregory Gigliotti,
Managing Director, Senior Portfolio Manager

Jessica Reuss,
Product Specialist, Portfolio Manager

William Sterling,
Chief Investment Officer, Senior Portfolio Manager

Top 10 Holdings

Top 10 Equity Holdings

The top 10 companies in which the portfolio invests, measured by a percentage of total investments.

Issues in Portfolio: 115
Click here for all Fund Holdings

Investment Objective

The Fund seeks long-term capital appreciation.

Investment Strategy

The Fund invests primarily in common and preferred stocks of non-U.S. small-cap to mid-cap companies, which the Fund defines as companies whose market capitalization falls within the range of the Morgan Stanley Capital International ("MSCI") Europe, Australasia and Far East ("EAFE") Small-Mid ("SMID") Index. The Fund primarily holds stocks of companies in developed countries, but may also invest up to 20% of its assets in the securities of issuers in emerging market countries. The Fund seeks to invest in companies and other enterprises that demonstrate positive environmental, social and governance performance as they addess corporate responsibility and sustainability challenges. The Sub-advisors primarily use a bottom-up approach focused on fundamental analysis of a broad universe of small- and mid-cap stocks across all geographic regions. Attractive companies are identified through a combination of valuation and growth metrics that seeks to identify companies with a sustainable competitive advantage. The Advisor attempts to control the portfolio's risk level and maximize the Fund's return potential relative to the benchmark by balancing the risks and opportunities between the portions of the portfolio managed by each Sub-advisor, and may shift allocations among Sub-advisors depending on market conditions, the Sub-advisors' respective style biases, and performance opportunities.

Investment Risk

Investment in mutual funds involves risk, including possible loss of principal invested. You could lose money on your investment in the Fund or the Fund could underperform because of the following risks: the market prices of stocks held by the Fund may fall; individual investments of the Fund may not perform as expected; the Fund's portfolio management practices may not achieve the desired result; and/or the Advisor's allocation of Fund assets between the portions of the portfolio managed by each Sub-advisor may cause the Fund to underperform. Investing in foreign securities involves additional risks relating to political, social, and economic developments abroad; differences between the regulations that apply to U.S. and foreign issuers and markets; the potential for foreign markets to be less liquid and more volatile than U.S. markets; and currency risk associated with securities that trade or are denominated in currencies other than the U.S. dollar. In addition, the risks of investing in emerging market securities are greater than those of investing in securities of developed foreign countries. The Fund is non-diversified and may be more volatile than a diversified fund.


Important Disclosure

Holdings are as of the date shown above, may change at any time and are not recommendations to buy or sell any security.

Industry classifications provided by MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, reviewed or produced by MSCI.


Performance

Select additional indices to display below:

Benchmark Index

Checking this box will compare fund performance to that of its benchmark index.

Average Annual Total Returns (%) for period ending 1/31/2017
YTD QTD 1 yr 3 yrs 5 yrs 10 yrs Since Inception Inception
No Charge 2.93 2.93 10.83 n/a n/a n/a -0.23 2/20/2015
4.75% Sales Charge -1.97 -1.97 5.53 n/a n/a n/a -2.68 2/20/2015
Average Annual Total Returns (%) for period ending 12/31/2016
YTD QTD 1 yr 3 yrs 5 yrs 10 yrs Since Inception Inception
No Charge 0.40 -2.02 0.40 n/a n/a n/a -1.78 2/20/2015
4.75% Sales Charge -4.39 -6.65 -4.39 n/a n/a n/a -4.30 2/20/2015
Portfolio Expenses and Turnover
(Performance data quoted above already reflects deduction for portfolio operating expenses)
Expense Ratio Expense Ratio
(if no waiver reimbursement in effect)
Fund Turnover
1.66% n/a

Hypothetical Growth of $10,000

Yearly Percentage Return

Holdings

Top 10 Holdings

Top 10 Equity Holdings

The top 10 companies in which the portfolio invests, measured by a percentage of total investments.

Issues in Portfolio: 115
Click here for all Fund Holdings

Top 10 Countries (% of total investment)

Top 10 Countries (% of total investment)

The portfolio invests in companies based in these countries. The number next to each country name indicates the percentage of the portfolio that investments in that country comprise.


Important Disclosure

Allocation percentages may not add to 100% due to rounding. Negative Cash positions may occur as the result of varying settlement schedules for securities.

Holdings are as of the date shown above, may change at any time and are not recommendations to buy or sell any security.

Industry classifications provided by MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, reviewed or produced by MSCI.


Management & Commentary

Fund Management

Calvert Research and Management

As investment advisor to the Calvert family of funds, Calvert Investment Management, Inc. oversees assets covering a broad range of equity, fixed-income, balanced, and asset allocation funds.

Advisory Research, Inc.

ARI was founded in 1974 and is based in Chicago. The firm manages primarily domestic and international equity portfolios. ARI is a wholly owned subsidiary of Piper Jaffray & Co. but operates independently.

Drew Edwards,
Vice President

Marco Priani,
Vice President

Trilogy Global Advisors, LP

Founded in 1999, Trilogy is based in New York City. Trilogy manages global, international, and emerging-markets equities and is an affiliate of Affiliated Managers Group, Inc.

David Runkle,
Director of Quantitative Research

Gregory Gigliotti,
Managing Director, Senior Portfolio Manager

Jessica Reuss,
Product Specialist, Portfolio Manager

William Sterling,
Chief Investment Officer, Senior Portfolio Manager

Fees & Minimums

Annual Operating Expenses (deducted from Fund assets)

Description Expense
Underlying Fund Expenses 1.510%
Administrative Fee 0.150%
Total annual Fund operating expenses 1.660%

Participant Fees (fees paid directly from your account)

Description Fee
Maximum sales charge (load) imposed on purchases
(as a percentage of offering price)
4.75%

Fund Expense Ratios

Description Expense
Expense Ratio
1.66%

Investment Minimums

Description Minimum
Minimum Initial Investment $100
Minimum Initial Investment (automatic contribution) $25
Minimum Initial Investment (payroll deduction) $15

For more information on the DC College Savings Plan, please call 800.987.4859 (800.368.2745 for non-District residents) or contact your financial advisor.  An investor should consider the investment objectives, risks, charges, and expenses of an investment carefully before investing.

The District of Columbia College Savings Trust Program Disclosure Booklet contains this and other information. Read it carefully before you invest or send money.

An investor should also consider, before investing, whether the investor's or designated beneficiary's home state offers any state tax or other benefits that are only available to residents of that state. An investment in another state’s 529 college savings plan may not offer comparable benefits.

The Government of the District of Columbia does not guarantee investments in the program. Investment involves risk, including possible loss of principal.